Syndicate Bank Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Lucknow Lucknow Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Retail Loan Centre Lucknow
Contact 2613036
Bank Details Syndicate Bank Retail Loan Centre Lucknow SYNB0009497
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226014
Country IN
Address 3rd floor,halwasiya court 24 mg road hazratganj lucknow uttar pradesh india 226001
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 226025027 for Retail Loan Centre Lucknow branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 226025027 of Syndicate Bank, Retail Loan Centre Lucknow branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Retail Loan Centre Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Retail Loan Centre Lucknow

Syndicate Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Syndicate Bank MICR code for Retail Loan Centre Lucknow is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 226025027 is the MICR code of Syndicate Bank for Retail Loan Centre Lucknow branch. MICR code for Retail Loan Centre Lucknow branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Syndicate Bank Retail Loan Centre Lucknow is presented in the table alongside.

Use of Syndicate Bank MICR code for Retail Loan Centre Lucknow branch in lucknow

The MICR code 226025027 is used in RBI cheque clearing process to identify the branch Retail Loan Centre Lucknow and Syndicate Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Syndicate Bank is typically in either of these two font’s: E-138 and CMC-7.

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